Self-employed salary calculator - Maldives 2026
Free Self-employed salary calculator for Maldives (2026). Estimate gross-to-net take-home pay: income tax, social contributions and net salary. Educational, not tax advice.
by Simon Bodych
Methodology & sources
Methodology - Maldives (2026)
Educational model - not a MIRA assessment, not a tax return, not tax advice. Currency MVR.
Employee (income tax + MRPS)
- Income tax monthly bands (Employee Withholding Tax, Income Tax Act 25/2019): 0% up to MVR 60,000; 5.5% to 100,000; 8% to 150,000; 12% to 200,000; 15% above 200,000 (marginal banding).
- The taxable base is gross remuneration after the employee's MRPS pension - the pension is deducted first, then the bands apply.
- MRPS pension: employee 7% + employer 7% of pensionable wage (basic salary). The calculator treats the entered monthly salary as the pensionable wage. There is no other mandatory employee deduction (the Aasandha health scheme is government-funded).
- Out of scope: the basic-vs-gross pensionable-wage split when allowances / benefits are present, and non-cash benefit valuation.
Sources: Maldives Inland Revenue Authority (MIRA), Maldives Pension Office - MRPS.
Self-employed (sole proprietor)
- Business and personal income are one regime (the old Business Profit Tax was repealed end-2019). Self-employed individuals are taxed on the same individual progressive bands on annual net profit (boundaries = monthly x 12): 0% up to MVR 720,000; 5.5% to 1,200,000; 8% to 1,800,000; 12% to 2,400,000; 15% above. Filed annually; no monthly withholding on own business income.
- MRPS pension is voluntary for the self-employed (no mandatory contribution).